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Basic and diluted net earnings (loss) per share
 6 Months Ended
Jun. 30, 2022
Earnings Per Share, Basic and Diluted EPS [Abstract]  
Basic and diluted net earnings (loss) per share Basic and diluted net earnings (loss) per share
Basic and diluted earnings (loss) per share have been calculated on the basis of net earnings (loss) attributable to the common shareholders of the Company and the weighted average number of common shares and bonus deferral restricted share units outstanding. Diluted net earnings (loss) per share is computed using the weighted-average number of common shares, additional shares issued subsequent to quarter-end under the dividend reinvestment plan, PSUs, RSUs and DSUs outstanding during the period and, if dilutive, potential incremental common shares related to the convertible debentures or resulting from the application of the treasury stock method to outstanding share options and Green Equity Units (note 7).
The reconciliation of the net earnings (loss) and the weighted average shares used in the computation of basic and diluted earnings (loss) per share are as follows:
Three months ended June 30Six months ended June 30
2022202120222021
Net earnings (loss) attributable to shareholders of AQN(33,387)103,222 57,578 117,169 
Series A preferred shares dividend1,219 1,249 2,437 2,464 
Series D preferred shares dividend1,001 1,027 2,003 2,026 
Net earnings (loss) attributable to common shareholders of AQN – basic and diluted$(35,607)$100,946 $53,138 $— $112,679 
Weighted average number of shares
Basic674,742,897 614,013,963 674,720,319 606,876,299 
Effect of dilutive securities— 5,982,644 4,412,593 5,813,565 
Diluted674,742,897 619,996,607 679,132,912 612,689,864 
This calculation of diluted shares excludes the potential impact of the Green Equity Units and all potential incremental shares that may become issuable pursuant to outstanding securities of the Company for the three months ended June 30, 2022 and 1,134,711 securities for the six months ended June 30, 2022 as they are anti dilutive. This calculation of diluted shares for the three and six months ended June 30, 2021 excludes the potential impact of 488,621 and 437,006 securities, respectively as they are anti-dilutive.